The large pancake, from the four-hour trend, shows a pattern of four consecutive bullish candles. Although the bulls have pushed with increased volume, momentum has shown signs of weakening. From a technical perspective, the MACD indicator is gradually turning towards bearish signals, the KDJ indicator has reached the overbought zone of 100, and the death cross pattern is imminent. The Bollinger Bands are also showing a slow downward contraction.
In terms of trading strategy, it is still recommended to rely on resistance levels and continue with the high short layout approach.
Trading suggestion: Short near the large pancake at 113000, add positions near 113800, and target towards 111500-110000$BTC #币安HODLer空投HEMI $ETH #山寨币战略储备 $SOL #现货黄金创历史新高
In terms of trading strategy, it is still recommended to rely on resistance levels and continue with the high short layout approach.
Trading suggestion: Short near the large pancake at 113000, add positions near 113800, and target towards 111500-110000$BTC #币安HODLer空投HEMI $ETH #山寨币战略储备 $SOL #现货黄金创历史新高
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